Sector portfolio · Government fund · United Kingdom

Scottish Enterprise's Biotech portfolio

Scottish Enterprise has backed 30 Biotech startups in rounds we track, $568M between them, shown by the stage each has reached. The best-funded is Valneva.

30startups backed
3stages
$568Mraised between them
Stage not reportedbiggest stage

Scottish Enterprise's whole portfolioScottish Enterprise's profile

Segment by segment

Stage not reported

16 startups · $470M raised

  1. ValnevaValneva focuses on the development and commercialization of prophylactic vaccines for infectious diseases.France$310M
  2. DMDysis MedicalUnited Kingdom$57M
  3. EnteroBiotixEnteroBiotix Ltd.United Kingdom$38M
  4. ILC TherapeuticsILC Therapeutics Ltd is a UK-based biotechnology company founded in 2012 and headquartered in Glasgow, Scotland.United Kingdom$10M
  5. PneumagenPneumagen develops glycan targeted carbohydrate binding modules (CBMs) for respiratory tract infections ) and cancer.United Kingdom$10M
  6. Touch BionicsTouch Bionics Inc., is a Livingston, Scotland, UK-based developer of advanced upper-limb prosthetics.United Kingdom$9.1M
  7. uFraction8uFraction8 develops microfluidics-based filtration systems to help bio-manufacturers to harvest biomass sustainably and more efficiently.United Kingdom$8.3M
  8. InviziusInvizius is a clinical-stage biotechnology company based in Edinburgh, Scotland, founded in 2018.United Kingdom$7.1M

Pre-seed and seed

12 startups · $79M raised

  1. MacomicsMacomics Ltd is a biotechnology and immuno-oncology company based in Edinburgh, Scotland, with additional facilities in Cambridge, UK.United Kingdom$21M
  2. Cumulus OncologyCumulus Oncology is a biotechnology firm based in Edinburgh, Scotland, founded in 2017.United Kingdom$17M
  3. BIOCAPTIVABioCaptiva develops liquid biopsy technology devices to diagnose and monitoring to detect cancers.United Kingdom$12M
  4. Kynos TherapeuticsKynos Therapeutics develops KMO inhibitors across key indications in inflammation, immunity, and metabolism.United Kingdom$8.5M
  5. CarcinotechCarcinotech is a MedTech and biotechnology company focused on 3D bioprinting of patient-derived mini-tumors.United Kingdom$7.4M
  6. Concinnity GeneticsConcinnity is developing an AI-driven RNA design platform to build gene control systems for gene and cell therapies.United Kingdom$3.8M
  7. CitruslabsCitruslabs is a clinical research organization (CRO) founded in 2018, specializing in designing and conducting IRB-approved clinicUnited States$2.6M
  8. LentitekLentitek is a biotechnology company based in Edinburgh, founded in 2019.United Kingdom$2.2M

Series A

2 startups · $19M raised

  1. TGTPP Global DevelopmentTPP Global Development is a preclinical stage drug development company focused on nervous system disorders, immunology, and oncology.United Kingdom$12M
  2. Caldan TherapeuticsCaldan Therapeutics is a biotech company based in Edinburgh, formed as a spin-out from the Universities of Glasgow and Southern Denmark.United Kingdom$6.9M

How this map is made. Every startup here works in Biotech and has raised money in a round we track that names Scottish Enterprise as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

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